Hershey Company (NYSE: HSY) is -0.06% lower on its value in year-to-date trading and has touched a low of $178.82 and a high of $276.88 in the current 52-week trading range. The question becomes, what are the chances the stock will make a comeback and enjoy potential growth. Why not look at analysts view on what the future holds for the stock. The HSY stock was last observed hovering at around $185.02 in the last trading session, with the day’s gains setting it 1.31%.
Currently trading at $186.33, the stock is -2.62% and -3.23% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 1.63 million and changing 0.71% at the moment leaves the stock -7.22% off its SMA200. HSY registered -28.45% loss for a year compared to 6-month gain of -2.74%.
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The stock witnessed a -6.51% loss in the last 1 month and extending the period to 3 months gives it a -1.03%, and is 2.06% up over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 1.57% over the week and 1.86% over the month.
Hershey Company (HSY) has around 20505 employees, a market worth around $38.00B and $11.16B in sales. Current P/E ratio is 20.58 and Fwd P/E is 18.76. Profit margin for the company is 16.68%. Distance from 52-week low is 4.20% and -32.70% from its 52-week high. The company has generated returns on investments over the last 12 months (22.80%).
Hershey Company quarterly earnings per share for the current quarter are estimated at $2.76 with sales reaching $3.11B over the same period.The EPS is expected to shrink by -0.15% this year, but quarterly earnings will post 2.80% year-over-year. Quarterly sales are estimated to grow 4.10% in year-over-year returns.
Hershey Company (HSY) Top Institutional Holders
The shares outstanding are 149.78M, and float is at 148.83M with Short Float at 2.89%.
Hershey Company (HSY) Insider Activity
The most recent transaction is an insider sale by Voskuil Steven E,the company’sSVP, Chief Financial Officer. SEC filings show that Voskuil Steven E sold 1,500 shares of the company’s common stock on Mar 25 ’24 at a price of $197.90 per share for a total of $0.3 million. Following the sale, the insider now owns 40228.0 shares.
Hershey Company disclosed in a document filed with the SEC on Mar 04 ’24 that Grover Rohit (President, International) sold a total of 4,200 shares of the company’s common stock. The trade occurred on Mar 04 ’24 and was made at $182.99 per share for $0.77 million. Following the transaction, the insider now directly holds 27161.0 shares of the HSY stock.
Still, SEC filings show that on Feb 23 ’24, Voskuil Steven E (SVP, Chief Financial Officer) disposed off 1,500 shares at an average price of $193.06 for $0.29 million. The insider now directly holds 42,710 shares of Hershey Company (HSY).
